HS-Code Description
HS Code of 844712 (KNITTING MACHINES, STICH-BONDINGMACHINES AND MACHINES FORMAKING GIMPED YARN, TULLE, LACE,EMBROIDERY, TRIMMINGS, BRAID OR NET AND MACHINES FOR TUFTING|)

Description:

KNITTING MACHINES, STICH-BONDINGMACHINES AND MACHINES FORMAKING GIMPED YARN, TULLE, LACE,EMBROIDERY, TRIMMINGS, BRAID OR NET AND MACHINES FOR TUFTING|.

HS codes falls under this category.

Incentives of 844712 (KNITTING MACHINES, STICH-BONDINGMACHINES AND MACHINES FORMAKING GIMPED YARN, TULLE, LACE,EMBROIDERY, TRIMMINGS, BRAID OR NET AND MACHINES FOR TUFTING|)
HS Codes Duty Drawback Unit Drawback Rate Drawback cap per unit in Rs.
84471211 Duty Drawback 1.5
84471219 Duty Drawback 1.5
84471220 Duty Drawback 1.5
84471290 Duty Drawback 1.5

REWARD UNDER MERCHANDISE EXPORTS FROM India SCHEME (MEIS) [AS % ON FOB VALUE OF EXPORTS]

PLEASE NOTE: TOTAL INCENTIVE EQUALS SUM OF MEIS AND DUTY DRAWBACK.FOR INSTANCE, FOR Other FALLING UNDER HS CODE: 150290 INCENTIVES FROM THE GOVERNMENT IS 0.15%.

HS Codes Product Description Reward under MEIS
84471211 With cylinder diameter exceeding 165 mm:Wool knitting machines:Hand knitting machines -
84471219 With cylinder diameter exceeding 165 mm:Wool knitting machines:Other -
84471220 With cylinder diameter exceeding 165 mm:Wool knitting machines:Cotton hosiery machines -
84471290 With cylinder diameter exceeding 165 mm:Wool knitting machines:Other 0.5%%
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